Interest rate spread in Thailand
Thailand: Interest rate spread was 2.8% in 2025. ▼ Falling
Interest rate spread in Thailand, 1977–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in lending rate minus deposit rate, %.
Analysis
In 2025, interest rate spread in Thailand stood at 2.8%.
That represents a change of down 3.2% on the previous year and down 15.5% over ten years.
Over the whole period, interest rate spread in Thailand peaked at 4.7% in 2001 and was at its lowest, 1.7%, in 1995.
Thailand ranks 107th of 141 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 47 years of available data.
Interest rate spread in Thailand, year by year
| Year | lending rate minus deposit rate, % | Change |
|---|---|---|
| 1977 | 2.9% | — |
| 1978 | 3.0% | +2.9% |
| 1979 | 4.7% | +58.0% |
| 1980 | 4.1% | -11.9% |
| 1981 | 4.7% | +13.6% |
| 1982 | 4.0% | -15.9% |
| 1983 | 2.2% | -44.2% |
| 1984 | 3.8% | +71.7% |
| 1985 | 3.1% | -18.7% |
| 1986 | 3.6% | +17.6% |
| 1987 | 2.0% | -43.7% |
| 1988 | 2.1% | +2.0% |
| 1989 | 2.8% | +32.0% |
| 1990 | 2.2% | -21.2% |
| 1991 | 1.7% | -20.2% |
| 1992 | 3.3% | +90.4% |
| 1993 | 2.5% | -22.8% |
| 1994 | 2.4% | -4.1% |
| 1995 | 1.7% | -31.6% |
| 1996 | 3.1% | +83.7% |
| 1997 | 3.1% | +2.0% |
| 1998 | 3.8% | +20.7% |
| 1999 | 4.2% | +11.6% |
| 2000 | 4.5% | +7.9% |
| 2001 | 4.7% | +4.1% |
| 2004 | 3.5% | -26.9% |
| 2005 | 3.1% | -11.2% |
| 2006 | 1.9% | -36.9% |
| 2007 | 3.2% | +65.7% |
| 2008 | 3.3% | +2.5% |
| 2009 | 3.8% | +14.2% |
| 2010 | 3.1% | -16.5% |
| 2011 | 2.6% | -16.7% |
| 2012 | 2.6% | -0.9% |
| 2013 | 2.6% | +1.6% |
| 2014 | 3.2% | +21.6% |
| 2015 | 3.3% | +3.2% |
| 2016 | 3.2% | -4.0% |
| 2017 | 3.1% | -1.3% |
| 2018 | 2.9% | -8.6% |
| 2019 | 2.7% | -6.7% |
| 2020 | 2.7% | +0.1% |
| 2021 | 2.7% | -0.6% |
| 2022 | 2.6% | -1.0% |
| 2023 | 2.9% | +10.8% |
| 2024 | 2.9% | -1.1% |
| 2025 | 2.8% | -3.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.5% | 2.9% | 4.7% | 3 |
| 1980s | 3.2% | 2.0% | 4.7% | 10 |
| 1990s | 2.8% | 1.7% | 4.2% | 10 |
| 2000s | 3.5% | 1.9% | 4.7% | 8 |
| 2010s | 2.9% | 2.6% | 3.3% | 10 |
| 2020s | 2.8% | 2.6% | 2.9% | 6 |
Countries ranked near Thailand
More financial sector data for Thailand
- Net domestic credit (current LCU), per capita 389,633 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 48.36 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 3.25 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 263.90 million SDR (2025)
- Gold reserves at market value 24.05 billion SDR (2025)
- Reserves excluding gold, foreign exchange 177.04 billion SDR (2025)
- Reserves excluding gold 182.06 billion SDR (2025)
- Total reserves (gold at market value) 206.10 billion SDR (2025)
- Total reserves (gold at national valuation) 205.82 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 2,874 SDR per person (2025)
Frequently asked questions
- What is interest rate spread in Thailand?
- Interest rate spread in Thailand was 2.8% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest interest rate spread recorded in Thailand?
- The highest recorded value was 4.7% in 2001.
- What is the lowest interest rate spread recorded in Thailand?
- The lowest recorded value was 1.7% in 1995.
- How does Thailand rank for interest rate spread?
- Thailand ranks 107th out of 141 countries with data for 2025.
- Is interest rate spread rising or falling in Thailand?
- Over the last ten years it is down 15.5%. The long-run trend across the full record is falling.
- Where does this Thailand data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Interest rate spread (lending rate minus deposit rate, %). Statizoid updates them automatically from the source API.
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About this data
Interest rate spread is the interest rate charged by banks on loans to private sector customers minus the interest rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability.